BNBUSDT Crypto Chart

Technical Analysis Summary

News

With the recent news about the famous BNB, we have witnessed an impressive increase within just 2 hours to almost 11 USDT followed by a correction wave and now ready to be going up all the way up to 10.80 and 11.90 targets on short term.

If BNB breaks out to the upside we could be seeing huge gains that I expect to see in the near future when the next Binance coin burn occurs. just need to wait and see where we go from here but I'm bullish
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This is the twelve hour BNB chart. It shows higher lows and a clear neckline, if price action breaks below the neckline bearish outlook can follow. The difference between the neckline and the head gives a standard idea of the minimum entry. BNB does have a burn in the month of April as well as being the coin of the 2nd biggest exchange.

BNB has been holding up not to badly in these tough times. The key was to wait for a trend reversal to buy back in.
Now we are seeing a possible channel having formed indicating an upwards trend! The RSI is pointing straight up and the MACD is looking for separation and is on an upwards trend - above the 0 level where we will start to see some movement.
It seems ...

Price explosion with BNB following the announcement of the Binance Chain. Second wave retraced a little under 0.5 of the first one, and the rounded bottom appears to be getting ready for the third wave. If it goes to 1, it'll reach $12.5, which is a plausible scenario. Safer bet would be 11.42, at 0.618. At the moment of writing, it's at $9.96, which means a 25% ...